Answer:
introduction
Explanation:
I don't know how to explain
Answer:
Answer is option b, i.e. help their followers overcome obstacles to achieve their goals.
Explanation:
According to Northouse's text, the person who helps his/her followers to overcome the obstacle that one encounters while moving on the path towards his/her goals and also helps his/her followers to achieve their goals is considered to be a good leader.
Answer: a) 1
b) yes marginal rate of substitution is less than the relative price
c) 2.00
Explanation:
a) Raul’s marginal rate of substitution is 1 because he is only willing to trade 1 cal card for 1 additional Nolan card
b) Raul’s marginal rate of substitution is Mc/Mn = 1 However, the relative price of a Cal Ripken card is Pc/Pn = $24/$12 = 2.00. Since the marginal rate of substitution is less than the relative price, Raul can make himself better off by selling 1 Cal card and buying Nolan cards.
c) His marginal rate of substitution must be equal to the relative price; the relative price rule holds that says that Mc/Mn = Pc/Pn. From b above we know that the relative price is 2.00, Raul's marginal rate of substitution must also be 2.00.
Answer:
option A
Explanation:
The correct answer is option A.
When interest rates are declining , prices of the bond rise, but in this case the discount bonds will appreciate more than the premium bonds.
When interest rates fall it becomes very easier to borrow money and causing many companies to issue new bonds so that they can invest in new ventures.
A premium bond is a bond trading above its face value.
A bond issued at a discount has its market price below the face value.
Answer:
b
Explanation:
The highest amount he would be willing to pay should equal the present value of the cash flows
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow in year 1 = $1500
Cash flow in year 2 = 2100
Cash flow in year 3 = 3200
I = 10%
PV = 5503.38
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
